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#BTC Yesterday's overall trend was more volatile, with some fluctuations. And yesterday's main trend was, with a continuous ③ range of 2,700 points. The last range near 3 a.m. was at 940 points. Then at 4 a.m., the fundamental factors re-emerged, and the trend followed suit, just reaching 1,000 points. The fundamental factors have been ongoing since yesterday until early morning, dominating the trend structure. Therefore, when fundamental factors appear, don’t just look at the trend structure; pay more attention to market movements. If the trend is up, go long; if it’s down, go short. When news changes, the direction should also change accordingly, rather than blindly waiting when news shifts...
Recently, fundamental factors have been emerging constantly, sometimes supporting a long position, sometimes supporting a short. Currently, with the Middle East extending the ceasefire, it is undoubtedly supportive of a short position. From a technical perspective, the upper resistance has already been broken; the market shows strong momentum, with the four-hour chart breaking above the Bollinger upper band, and the daily Bollinger upper band extending upward, surpassing recent highs. This also indicates that there is room above. Without new fundamental support, the focus should be on buying low and selling high, aiming for new highs.
Around 767 to 764 for a buy, and around 787 to 791 for a sell #比特币反弹